Location: Berrien Springs, Mich.
Assets: $699.5 million
Asset Category Rank (between $500M-$1B): 5
Overall Rank: 25
Assets: $699.5 million
No. of employees: 270 (full-time, part-time and seasonal)
CEO: Scott McFarland
When "honor" is in your organization's name, there is a lot to live up. This is the case for Honor Credit Union, which underscores the word in its credo: Treat every member the honor way.
"We treat every employee with respect, fairness, truth and integrity. These are our core values," said Honor Credit Union's Employee Relations Manager Eric Rodgers.
Employee empowerment is not viewed from the top down, but rather from the bottom up, said Rodgers. "This includes engagement and suggestions, overall being heard and the implementation of ideas/suggestions."
Employees are offered a wide array of benefits, including a "generous" PTO package that includes paid community volunteer time and tuition reimbursement, among other perks. "Powered By Honor," the CU's community foundation, makes donation requests for charities that employees are passionate about supporting.
"Honor Credit Union's culture promotes empowerment at all levels of the organization, keeping team members feeling valued and engaged," said Rodgers. "This leads to good team morale across all of Honor CU's branch locations and operations center."
With the goal of employee retention and promoting from within, the credit union is eager to celebrate employee success stories. These accolades are often received through educational programs such as Korn Ferry Leadership Development and Coaching College.
"When employees are promoted internally, recognition is given not only on the company intranet, but through social media and branch signage as well," said Rodgers. "A focus is put on coaching team members to succeed and helping them achieve their career goals."
Founded in 1934, the CU currently operates 17 branches and serves more than 61,000 members.
